Boulay Wealth

RIASEC RegisteredEst. 2001
Total AUM
$3B
Discretionary
$2.9B
97% of AUM
Avg account
$686K
Accounts
4,384
Employees
45
Advisory reps
36

Firm details

Headquarters
Eden Prairie, Minnesota
CRD number
111334
Registered since
April 17, 2001
Website
www.boulaygroup.com
Custodians
CHARLES SCHWAB & CO., INC., FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI90.31%
  • Individuals6.93%
  • Pension & Profit Sharing Plans1.83%
  • Charitable Organizations0.53%
  • Corporations / Businesses0.41%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Boulay Wealth is an independent registered investment adviser organized as an LLC and active since 2001. The firm functions as a capital allocator for both individual/family and institutional clients, offering a mix of fee models (percentage of AUM, hourly, and fixed fees). Its advisory services cover comprehensive financial planning, portfolio management for individuals, small businesses and institutions, pension consulting, manager selection, and educational seminars. Boulay also operates as an insurance broker and lists relationships with accountants, law firms and insurance companies as part of its referral and service network. The firm does not identify as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Read the full firm profile in FINTRX →

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 67%, Public Funds/Mutual Funds 29%, Cash & Cash Equivalents 3%, State & Local Bonds 1%67%
  • Exchange Traded Equities67%
  • Public Funds/Mutual Funds29%
  • Cash & Cash Equivalents3%
  • State & Local Bonds1%

Owners & executives

2 of 2
  • Chad Carlson

    Chad Carlson

    Chief Investment OfficerCRD 4450595

  • Jon Melander

    Jon Melander

    Wealth Management Partner, Chief Investment OfficerCRD 1698904

Contacts

3 of 34
  • Nathan Faith

    Nathan Faith

    Wealth PartnerCRD 5721538

  • Ellen Horan

    Ellen Horan

    Senior Wealth ManagerCRD 5805862

  • Matthew Heilmer

    Matthew Heilmer

    Senior Wealth ManagerCRD 4210260

Unlock 31 more contacts →

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 6

Active vs passive

$1.1B in ETFs

Passive

100%

$1.1B

Active

0%

$0

ETFProviderStyleCategoryValueShares% of portfolio
SCHWAB FUNDAMENTAL US LARGE COMPANY ETF (FNDX)SchwabPassiveLarge Value$303M9,744,09228.06%
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Location

Primary office

Eden Prairie, MN

Hennepin

Location

Eden Prairie, MN

Headquartered in Eden Prairie, MN, anchoring the Minneapolis-St. Paul, MN-WI metro in the Midwest.

Metro area
Minneapolis-St. Paul, MN-WI
Region
Midwest
County
Hennepin
Address
11095 Viking Dr
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth